Our short term bridging loans are for purchase, refinance, property improvement or to unlock working capital for business purposes.
This unique overdraft provides you with a flexible drawdown facility giving you instant liquidity and avoids heavy setting-up costs.
Individually structured loans for residential and commercial projects, with finance available for site purchase, construction and fees, refinance, equity release and to provide working capital. Loans are available up to 90% of the site cost.
Flexible first and second charge non-regulated loans available on terms from 3 to 5 years.
We have a commitment to innovation and with the ever changing financial landscape around us we have designed a range of unique Specialist Lending products that solve a range of property finance needs.
Residential Bridging Loan London
We provided a residential bridging loan to a property company director whose personal residence was partially owned in a corporate vehicle and occupied by her under an Assured Shorthold Tenancy. The purchase by the corporate had been financed by a challenger bank.
For personal reasons the remainder of the shares in the corporate were transferred to the director which breached the terms of the bank loan because of the change of control. As a result of the breach, the lender appointed a receiver and we provided funds to repay the bank loan before the property could be repossessed.
Despite issues including the involvement of the receiver, time constraints and a corporate structure, we were able to complete the refinancing in time to avoid the sale.
We provide Residential Bridging Loans that are secured by a first or second charge mortgage on residential investment properties.
